Portillo's
PTLO
195 hedge funds and large institutions have $734M invested in Portillo's in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 68 increasing their positions, 46 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
83% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $6.35M
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
48% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 46
7% more funds holding
Funds holding: 182 → 195 (+13)
2% more capital invested
Capital invested by funds: $721M → $734M (+$12.8M)
0.28% less ownership
Funds ownership: 81.63% → 81.35% (-0.28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
+$27.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$22.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.73M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$25.8M |
| 2 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$7.47M |
| 3 |
Morgan Stanley
New York
|
-$6.64M |
| 4 |
Select Equity Group
New York
|
-$5.41M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$5.04M |
PTLO Hedge Fund Activity: Q1 2024 in Review
195 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Portillo's (PTLO) for Q1 2024, worth a combined $734M — up 1.8% from $721M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PTLO positions and 25 closed out — a net gain of 15 holders — while 68 added to existing stakes and 46 trimmed.
The largest buyer was Engaged Capital, opening a new position worth an estimated $27.6M. The largest seller was Samlyn Capital, exiting entirely with an estimated $25.8M sold.
- 195 institutional investors held Portillo's (PTLO) as of Q1 2024, up from 182 in Q4 2023.
- Funds reported $734M of Portillo's stock for Q1 2024, up 1.8% quarter-over-quarter.
- 40 funds opened new Portillo's positions in Q1 2024 and 25 closed out, a net change of +15 holders.
- The largest Portillo's buyer in Q1 2024 was Engaged Capital, an estimated $27.6M added.
- The largest Portillo's seller in Q1 2024 was Samlyn Capital, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2024.